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Liquidity provider and prime brokerage CFH has joined the Gold-i Matrix NETwork, enabling its multi-asset liquidity to be available through Gold-i’s technology.
Refinitiv has announced a series of global sustainability steps to help combat climate change. The company previously committed to three core pledges on environment, social impact and sustainable solutions that support the United Nations Sustainable Development Goals.The new initiatives come on the heels of Refinitiv achieving carbon neutrality ahead of its year-end 2020 target date. Refinitiv is also now sourcing 100 per cent renewable energy at a regional level and is now furthering its commitment to reducing annual carbon emissions by widening and deepening the scope of its initial targets.
Refinitiv is setting science-based carbon emissions reductions targets, as part of its
BTON Financial, an independent outsourced dealing desk for asset managers, has appointed two senior executives to its management team. Charles Phan, an experienced hedge fund CTO, quant strategist and trader joins BTON Financial as Chief Technology Officer to drive the firm’s technology strategy and delivery. Caroline Holmes, a regulatory expert and change management specialist with extensive asset management experience, joins as Head of Business Development to act as a conduit between clients, technology and sales teams to enable swift and informative onboarding for asset managers.
Holmes and Phan join BTON Financial to support the firm’s growth ambitions, drive the adoption of
Alternative investment firm Angelo Gordon & Co has appointed Putri Pascualy as a managing director and credit product specialist in the firm’s Investor Realtions team.
Everysk Technologies, an investment technology company providing multi-asset portfolio analytics with data-centric, machine learning techniques, has closed a USD1.3 million seed financing round and is launching a first-ever automation system that brings real-time portfolio and risk management analytics to fund managers of all sizes.
The SS&C GlobeOp Forward Redemption Indicator for April 2020 measured 3.02 per cent, up from 3.11 per cent in March.“SS&C GlobeOp’s Forward Redemption Indicator for April 2020 was 3.02 per cent, up somewhat from the 2.51 per cent reported for the same period a year ago,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This increase follows three consecutive months of comparatively lower redemption notices, and it should also be noted that for the year-to-date, cumulative redemptions are running below the 2019 level. With this latest single month’s increase in redemptions, it is too early to say whether the recent favourable
Sonnedix, a global independent solar power producer (IPP) has joined the European Energey Exchange (EEX) as a new trading participant. Sonnedix, currently managing over 1 GW of operational capacity across eight countries, has been admitted to trade all EEX power derivatives products.
Axel Thiemann, CEO of Sonnedix, says: “This is a very exciting milestone for Sonnedix, as we become capable of hedging in a transparent way against the risk of future price changes, facilitating short to long-term portfolio optimization globally with shortened negotiation times, and reduced counterparty risks.”
Sonnedix is the first solar energy IPP to join EEX with a strong
The dramatic price movements in oil markets will continue to throw up trading opportunities, according to Westbeck Capital Management’s CIO Will Smith, whose commodities-focused strategy has notched up double-digit gains during the sustained volatility.
Tether, a blockchain-enabled platform that powers the largest stablecoin by market capitalisation, is pre-eminent among Ethereum-based stablecoins, amid a recent surge in market volatility and the inflation of foreign currencies against the US Dollar, according to research from The Block.The Block found that Tether (USDt) dominates weekly transaction volumes among Ethereum-based stablecoins, with its transaction volume market share roughly in line with its market capitalisation market share. USDt’s total market capitalisation has more than tripled from about USD2 billion in February 2019 to surpass USD7 billion.
“Tether is manifestly growing in popularity as the most liquid, stable and trusted stablecoin,”
March was as much a liquidity crisis as it was a response to the economic impact (actual and presumed) of Covid-19, according to new research by bfinance’s Diversifying Strategies team, headed by Dr Toby Goodworth, into the performance of several core liquid alternative strategies.The report reveals that realised volatility topped 100 per cent for the first time since 2008, probably exacerbated by concurrent quarter-end expirations of options and futures on stocks and indices as well as challenging liquidity conditions.
Pure trend-following was one of the standout strategies in March. The HFRI Macro Systematic Diversified index posted gains of +2.9 per
